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You seem to have missed the memo that the maximum discount you can get at signup is now $50 (since mid-December 2007 IIRC).

A referral is still worth $97, but only $50 of that can now be taken off the hosting bill, so if you want to use the other $47 of your code you have to use it for things such as extra IP addresses, extra domain names, etc.

I did miss that. Their promo system still lists my codes at a $97 discount for the year. I wonder if it will still work... nope, just $50. Ok, I'll blow the extra $47 on features and put up a new code.